News with the tag "Upbit News"

Upbit adjusts BIGTIME’s circulating supply, increasing market interest and performance. BIGTIME’s price recovers after a dip, signaling regained market confidence. Upbit faces sanctions for KYC violations, restricting new users’ deposits and withdrawals. Upbit, South Korea’s cryptocurrency exchange,...

South Korea’s FSC set to decide sanctions against Upbit for customer verification issues. Upbit faces scrutiny after failing to meet anti-money laundering requirements. South Korea plans to lift ban on institutional crypto trading in 2025. South Korea’s Financial Services Commission (FSC) is getting...

Official Trump (TRUMP) soared 20% to a daily high of $17.52 in the past 24 hours. South Korean exchange announced the listing of TRUMP trading pairs. A whale spent $1.82 million worth of SOL to purchase TRUMP at $16.50. The Official Trump (TRUMP) token jumped 20% in the last 24 hours, rising from $1...

XRP/KRW recorded the highest trading volume on Upbit, surpassing BTC and SOL. This sparked speculation around whale activity and Ripple’s legal battle with the SEC. USDT/KRW saw the largest overall trading activity. XRP has become the most traded cryptocurrency against the Korean Won (KRW) on Upbit,...

VTHO token shot up 199% on Monday and is up 280% in the past 24 hours. The cryptocurrency reached a peak of $0.012, a price tag not seen since 2021. South Korean exchange Upbit announced the listing of VTHO on Monday, causing the price surge. VeThor (VTHO) has outperformed nearly all cryptocurrencie...

Upbit faces sanctions for not meeting KYC and AML requirements in South Korea. 700,000 KYC violations found, risking a suspension of new customer sign-ups. Upbit’s unreported foreign operations are also under investigation for regulatory breaches. South Korea’s Financial Services Commission (FSC) is...

Upbit may face up to six months of business suspension for KYC and AML violations. FIU found 700,000 KYC lapses during license renewal inspections. Sanctions could impact Upbit’s dominance in Korea’s crypto market. South Korea’s leading cryptocurrency exchange, Upbit, is facing potential sanctions f...

Bitcoin crashes 30% on Upbit amid martial law, shaking South Korea’s crypto market. Exchange outages and liquidation surges expose market volatility after BTC’s steep drop. Derivatives trading spikes globally as options activity signals cautious trader optimism. Bitcoin’s value plunged to $63,000—a ...

South Korea’s Financial Intelligence Unit (FIU) has uncovered numerous violations of customer verification procedures during its review of Upbit’s license renewal application. Reports indicate that the FIU found between 500,000 and 600,000 potential cases of inadequate KYC compliance at Upbit, raisi...

South Korean authorities are investigating local cryptocurrency exchanges for potential anti-monopoly breaches, fueled by Binance’s overarching dominance in the market. Binance’s trading volume is 22 times that of all South Korean exchanges combined, including Upbit, which holds an 80% market share ...